Supply Chain Management and IoT: Just Another Evolution?

Managing supply chains in the IoT era is not just another evolution of previous technology platforms. Leveraging IoT for supply chain management requires new ways of thinking and new kinds of software platforms to take full advantage of the opportunities that IoT brings to supply chain management practices. There is the potential to move from a reactive “fire-fighting” model of supply chain management to a pro-active stance based on continuous predictions and action based on real-time IoT analytics. But doing so does require careful consideration.

IoT brings in a number of novel considerations:

The flow of data is continuous and needs to be analyzed in real-time

Unstructured data – well beyond simple transactions – are much more common in IoT

The connected assets and products/goods themselves often have a both a “digital voice” and participate in business processes in IoT – very different from traditional supply chain processes

Read this whitepaper to learn how supply chain management will change dramatically in IoT…and how analytics can help transform your supply chain!